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Title: mutual funds

Essay Details

Subject: Business
Author: Tabitha N
Date: July 4, 2016
Level: University
Grade: A
Length: 3 / 878
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The following formula is used:[6] P(1+T)n = ERV Where: P = a hypothetical initial payment of $1,000. T = average annual total return. n = number of years. ERV = ending redeemable value of a hypothetical $1,000 payment made at the beginning of the 1-, 5-, or 10-year periods at the end of the 1-, 5-, or 10-year periods (or fractional portion)...

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The following formula is used:[6] P(1+T)n = ERV Where: P = a hypothetical initial payment of $1,000. T = average annual total return. n = number of years. ERV = ending redeemable value of a hypothetical $1,000 payment made at the beginning of the 1-, 5-, or 10-year periods at the end of the 1-, 5-, or 10-year periods (or fractional portion)...

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